Artificial Intelligence Market 2021 Trending Technologies, Distributors, Future Growth and Geographical Regions 2025 | Says Kenneth Research
May 20, 2021 (AmericaNewsHour) —
Kenneth Research has published a detailed report on Artificial Intelligence Market, which has been categorized by market size as well as growth indicators, and further encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2021-2025.
The Artificial Intelligence Market is expected to grow with a significant CAGR during the forecast period, i.e. 2021-2025, on the back of growing internet penetration around the world along with the rising adoption of smartphone. The statistics by the GSMA Intelligence stated that the total unique mobile subscribers as on May 2020 around the world was 5.24 billion.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Global Artificial Intelligence Market was valued at USD 16.3 Billion in the year 2017. Global Artificial Intelligence Market is further estimated to grow at a CAGR of 37.15 % from 2019 to reach USD 202.91 Billion by the year 2025. North America region holds the highest Market share in 2017 and the Asia Pacific is considered as the fastest growing Market in the forecasted period. At the country level, China and Japan are the major industries in the Asia Pacific region and holds a substantial Market share in 2017 and it is projected to grow at a gradual pace in the coming years.
The Market is segmented by technology, Market verticals, and geography. By technology, it is sub-segmented into machine-learning, natural language processing, image processing, and speech recognition. In the year 2017, machine-learning generated the highest revenue in the global Market. However, the speech recognition sub-segment is anticipated to exhibit the highest growth during the forecast period.
Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10078345
Based on Market verticals, the Market is segmented into media & advertising, BFSI, IT & telecom, retail, healthcare, automotive & transportation, and others (agriculture, educational institutions, and law). Among these, the BFSI segment dominated the Market in terms of revenue in 2017 and is projected to continue its dominance throughout the forecast period.
SWOT Analysis of Artificial Intelligence Market
Strength:
Growth in Big Data
Growth in Adoption of Cloud-Based Applications and Services
Weakness:
Limited Number of AI Experts
Opportunities:
Improving Operational Efficiency in the Manufacturing Market
Adoption of AI to Improve Customer Service
Threats:
Concerns Regarding Data Privacy
Major market players in Artificial Intelligence Market are Intel, Nvidia, Samsung Electronics, Xilinx, Micron Technology, IBM, Microsoft, Google, Amazon Web Services (AWS), Facebook, and brief information of 10 companies will be provided in a report.
Artificial Intelligence Market Segmentation:
By Industrial Vertical
*Media & advertising
*BFSI
*IT & telecom
*Retail
*Healthcare
*Automotive & transportation
*Others
By Technology
*Machine learning
*Natural language processing
*Image processing
*Speech recognition
By Region
*North America
o USA
o Canada
*Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
*APAC
o China
o India
o Japan
o Rest of Asia-Pacific
*RoW
o Latin America
o Middle East & Africa
Download Sample of This Strategic Report-:: https://www.kennethresearch.com/sample-request-10078345
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
Contact Us
Kenneth Research
Email: Sales@kennethresearch.com
Phone: +1 313 462 0609
The post Artificial Intelligence Market 2021 Trending Technologies, Distributors, Future Growth and Geographical Regions 2025 | Says Kenneth Research appeared first on America News Hour.
COMTEX_386933186/2606/2021-05-20T03:04:57
********************************************************************** As of Sunday, 05-16-2021 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-17-2012 for IBM @ $199.22. For more infor
